It is obvious that the whole issue about liquid gas exploration off the southern coast of Cyprus has been blown out of proportion in a game in which we are new, or even, amateur players. Yet, Turkey’s insistence to have a say in the whole matter makes one wonder if Ankara knows something we don’t.
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GUEST COLUMN: By Andreas Petrou Cyprus International Institute of Management  The public has probably realised that there is a lot at stake in the recent fight between Laiki Marfin and Bank of Piraeus, given the banks’ determination. However, the reader may wonder, why? Below I will try to provide an explanation by analysing the
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Pursuant to the terms of the Prospectus dated March 12, 2003, the exercise period of the Woolworth (Cyprus) Properties Warrants 2007 will be between March 1 – 31, 2007. The last exercise date and also the expiry date is on March 30, 2007.The exercise price of Warrants 2007 is CYP0.30 per share of nominal value
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Universal Life Insurance Public Company Ltd announced that, during the Board Meeting held February 6, 2007, it decided to transfer the 39.07% of the share capital of Universal Bank Public Ltd to the companies Schoeller Holdings Ltd and Path Holdings Ltd, in acceptance of the Public Offer and according to the signed selling agreement with
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MFS Holdings Public Company Ltd and Stelios Markides filed on February 7, 2007 legal action against Universal Life Public Co Ltd and its Board of Directors, demanding, among other things, losses caused to them from the breach of Board of Directors’ duties in relation to the Public Offers of (a) Schoeller Holdings Limited and (b)
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Referring to the legal action filed by MFS Holdings Public Company Ltd against Universal Life†dated 6/2/2007, Universal Life Insurance Public Company Ltd to announced that MFS is not registered shareholder in the company’s registry and it has not ensured the necessary approvals from the relevant authorities in order to become a shareholder of the
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Marfin Popular Bank announced that following the refusal of Piraeus Bank for a mutual disclosure of information, the shareholders of MPB Powe Capital Management, MFG, The Employees Provident Fund, Laiki Cyprialife, representing in total 8,77% of the capital of the Bank have advised the Board of Directors of the company that they reject the Public
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Ericsson and Turner Broadcasting System International have formed a collaboration under which the users of mobile services and mobile operators will benefit from the companies’ leading positions in mobility and global multimedia content. The two are collaborating to develop Turner’s internet, broadcast news and entertainment content – including CNN International, Cartoon Network and Adult Swim
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Carnival festivities in Cyprus begin on February 8th at the coastal town of Limassol, hometown of the island’s Carnival fiesta, with the entrance parade of King Carnival, who will be dressed this year as the King of Love. The carnival program was presented today by Limassol Mayor Andreas Christou, who promised everyone a joyful eleven-day
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China has not changed its policy towards the Cyprus issue, Ambassador of China to Nicosia Yali Zhao assured Monday, when invited to comment the fact that an aircraft which took off from China, with its reported destination being Adana, Turkey, landed at the illegal airport in Turkish occupied Cyprus. The government of China respects and
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